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Oxide Computer has raised $445 million in a Series D led by Eclipse, at a $6 billion valuation, Axios reports. The round takes the company’s total funding to about $835 million.
Why it mattersOxide builds on-premises cloud computer systems for companies. That makes this a sizeable bet on organisations owning more of their cloud infrastructure, rather than renting every layer from a public provider.
Discuss: Is bringing cloud infrastructure in-house worth that kind of investment, or does the appeal of renting still win?
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